FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.
Manager in Finance and Accounting at Go2 Accountants Ltd (Accounting, 1-10 employees)
Chose FreeAgent
Our clients use all of the above software providers, some of them using Xero, QuickBooks, FreshBooks, QuickFile, Kashflow, Wave App etc. FreeAgent is best one for me among the free software available as it does everything and we would not even need additional software for …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Chose FreeAgent
Xero is a product I have only used for Payroll, but which it does very well. It is more complex to use compared to FreeAgent though and in that regard harder to learn.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Certified Public Accountant in Finance and Accounting at Deeagle Tax and Accounts Limited (Accounting, 1-10 employees)
Chose FreeAgent
As a free software for Mettle users it is excellent choice and great value for money especially for micro businesses. It does the needed bank imports and reconciliations, however compared to more advanced products like Xero or QuickBooks it lacks the flexibility of those …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Advisor / Director at Consiliosa Ltd (Information Technology and Services, 1-10 employees)
Chose FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. …
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Director & Principal Consultant in Information Technology at Danielyan Consulting Ltd (Computer & Network Security, 1-10 employees)
Chose FreeAgent
FreeAgent was really the first product we looked at based on a personal recommendation and since we found it to be almost perfect we didn't look at the alternatives.
Director at Inovaris (Professional Training & Coaching, 1-10 employees)
Chose FreeAgent
We did start the business using Kashflow. It is good but isn't as full service as FreeAgent and does require a bit of knowledge of some accounting terms which FreeAgent doesn't.
Bookkeeper in Finance and Accounting at Home Start Rushmoor & Hart (Accounting, 1-10 employees)
Chose FreeAgent
Support. Any questions gets a fast and detailed response. Helpful, knowledgable and friendly people provide detailed explanations and answers to not only teach but help understanding.
Web Developer & Internet Marketing Consultant at Fresh Web Services Ltd (Internet, 1-10 employees)
Chose FreeAgent
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent …
Key User Insights
Would buy again
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Delivers good value for the price
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Happy with the feature set
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Lived up to sales and marketing promises
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Implementation went as expected
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Features
FreeAgent
Payroll Management
Comparison of Payroll Management features of FreeAgent
Feature
FreeAgent
8.6
13 Ratings
11% above category average
Pay calculation
8.012 Ratings
Benefit plan administration
8.56 Ratings
Direct deposit files
8.92 Ratings
Salary revision and increment management
8.86 Ratings
Reimbursement management
8.78 Ratings
Customization
Comparison of Customization features of FreeAgent
Feature
FreeAgent
6.7
13 Ratings
13% below category average
API for custom integration
4.59 Ratings
Plug-ins
8.912 Ratings
Security
Comparison of Security features of FreeAgent
Feature
FreeAgent
8.5
14 Ratings
2% above category average
Single sign-on capability
9.013 Ratings
Role-based user permissions
8.013 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of FreeAgent
Feature
FreeAgent
6.4
23 Ratings
21% below category average
Dashboards
7.121 Ratings
Standard reports
7.621 Ratings
Custom reports
4.410 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of FreeAgent
Feature
FreeAgent
8.7
25 Ratings
11% above category average
Accounts payable
8.020 Ratings
Accounts receivable
8.522 Ratings
Cash management
8.520 Ratings
Bank reconciliation
9.020 Ratings
Expense management
8.924 Ratings
Time tracking
9.018 Ratings
Fixed asset management
8.611 Ratings
Multi-currency support
8.110 Ratings
Multi-division support
9.05 Ratings
Regulations compliance
8.78 Ratings
Electronic tax filing
9.120 Ratings
Self-service portal
9.011 Ratings
Journals and Reconciliations
8.01 Ratings
Inventory Management
Comparison of Inventory Management features of FreeAgent
Feature
FreeAgent
7.4
4 Ratings
1% above category average
Inventory tracking
7.72 Ratings
Automatic reordering
8.21 Ratings
Location management
4.51 Ratings
Manufacturing module
9.11 Ratings
Order Management
Comparison of Order Management features of FreeAgent
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
API is quite closed so cannot integrate with our other project management tools.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
